On September 8, 2026, Worthington Steel, Inc. announced that its subsidiary, Worthington Steel GmbH, entered into a Domination and Profit and Loss Transfer Agreement (DPLTA) with Klöckner & Co SE. This agreement follows the completion of a voluntary public takeover offer for Klöckner in June 2026 and its subsequent delisting from the Frankfurt Stock Exchange. The DPLTA grants Worthington Steel GmbH control over Klöckner's management, requiring profit transfers to the parent and loss absorption by the subsidiary. Outside shareholders may elect cash compensation of EUR 11.00 per share or an annual recurring payment of EUR 0.67 per share. Effectiveness is contingent on shareholder approval at a meeting expected on October 23, 2026, and registration in the German commercial register no earlier than January 1, 2027. Worthington Steel operates as a metals processor providing customized steel solutions.

Worthington Steel filed an amendment to its August 19, 2026 Form 8-K to include financial statements and pro forma information for the June 3, 2026 completion of its acquisition of Klöckner & Co SE. The company funded the transaction by issuing $700 million in 7.750% senior secured notes due 2033 and borrowing $700 million under a new seven-year senior secured term loan facility on June 1, 2026. Pro forma results for the nine months ended February 28, 2026 show combined net sales of $7.2 billion and earnings per share of $0.57. The acquisition significantly expands Worthington Steel's global footprint in the steel processing and distribution industry.

Worthington Steel, Inc. announced the opening of the acceptance period for a public delisting tender offer for all outstanding shares of Klöckner & Co SE not already held by the company. The offer is being made through a subsidiary, Bidder, and has received approval from the German Federal Financial Supervisory Authority (Bafin). Worthington Steel, Inc. is a steel producer and manufacturer of steel products.

Worthington Steel, Inc. filed an amended 8-K to correct errors in its fourth quarter and full-year fiscal 2026 financial results, specifically regarding additional long-lived asset impairment charges in the Electrical Steel reporting unit and Bridge nonrevolving loan commitment costs. The adjustments are isolated to the fourth quarter and May 31, 2026, ended period and do not impact previously filed 10-Q reports or current fiscal year guidance. Worthington Steel, Inc. is a steel manufacturer and distributor.

Worthington Steel, Inc. entered into a $550,000,000 asset-based revolving credit agreement with Wells Fargo Bank, National Association, as agent, to refinance and replace its previous credit agreement. The facility is secured by substantially all of the company's assets and matures on June 25, 2031. The company may elect to increase the facility to a total of up to $750,000,000 without lender consent, potential additional committed capacity through the0.0 Klӧckner Increase Effective Date. The proceeds will be up to $550,000,000 to finance the Klӧckner Acquisition Transactions, working capital, and general corporate purposes. Worthington Steel, Inc. operates in the steel manufacturing industry.

Worthington Steel, Inc. declared a quarterly cash dividend of $0.16 per common share, payable on September 29, 2026, to shareholders of record as of September 15, 2026. The company also announced the correction of an error in its fourth quarter fiscal 2026 financial release, and the appointment of Gwen Joseph as the new Corporate Controller and Principal Accounting Officer, replacing the retiring retiring Corporate Controller Steven R. Witt. Worthington Steel, Inc. is a steel manufacturing company.